Mentor Capital, Inc. (NASDAQ: MNTR) reported insider purchases by Chief Executive Officer Chester Billingsley in two separate transactions in mid-April. Billingsley acquired 875 shares on April 13, 2026, and added 1,125 shares on April 14, 2026, for a combined 2,000-share increase to his direct holdings.
The reported purchase prices for the two transactions ranged between $0.054 and $0.055 per share, producing a total cash outlay of $108. Those buys occurred while the stock was trading at $0.05 and priced below a prior close of $0.06.
Following these transactions, Billingsley directly owns 9,113,403 shares of Mentor Capital common stock. In addition to the shares, he holds 47,274 Series D warrants that are exercisable for common stock at $0.02 per share and that expire in 2038.
Market-data commentary from InvestingPro included in the company summary describes Mentor Capital as appearing undervalued at current levels. The same InvestingPro dataset cited a 12.9% decline in the stock over the past week. The company’s balance position was also noted in that dataset, with liquid assets reported to exceed short-term obligations. Subscribers to InvestingPro have access to 11 additional ProTips for deeper analysis.
Separately, Mentor Capital disclosed a change in its independent auditor. The company appointed Cherry Bekaert LLP as its new independent auditor after Cherry Bekaert acquired the firm that had previously performed the audit, Spicer Jeffries LLP. Mentor Capital noted in an SEC filing that its relationship with Spicer Jeffries ended on January 12. The company’s audit committee and board of directors approved Cherry Bekaert’s engagement effective January 13.
Both the insider transactions and the auditor transition are recorded in public filings and analytical summaries. The CEO’s purchases were modest in dollar terms but increase his direct equity stake, and the auditor change reflects an administrative shift following the acquisition of the prior audit firm.
While the purchases total a small monetary amount, the filing lays out the current composition of executive shareholdings and outstanding convertible instruments, and the SEC filing documents the timeline for the auditor change. No additional forward-looking claims or projections are included in the filings cited.